2023 AOA to BTN Historical Review

YEARLY HIGH

0.1647 BTN

YEARLY LOW

0.0989 BTN

YEARLY AVERAGE

0.1270 BTN

2023 AOA to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1647. Conversely, the yearly low was recorded on July 2, dropping to 0.0989.

This high-to-low spread represents a total annual volatility of 0.0658 BTN. From a start-to-finish perspective, comparing the January average rate of 0.1624 to the December average rate of 0.1003, the exchange rate registered a net change of -38.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1647 was down 14.42% compared to the 2022 peak of 0.1924, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AOA based on timing:

Yearly Peak High 823 BTN

2022 Average 860 BTN

Yearly Trough Low 494 BTN

Transaction Impact: A difference of 329.14 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1700

0.0930

JanuMarcMayJulySeptNove

AOA to BTN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1539, compared to 0.1002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 0.1539

H2 Avg (Jul–Dec) 0.1002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0408 BTN (High: 0.1402 / Low: 0.0994). On the other end, December was the most stable month, with a tight range of 0.0007 BTN (High: 0.1006 / Low: 0.0999).

June Spread (Volatile) ±0.0408

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0371 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1624) against the same month in 2022 (average: 0.1384), the exchange rate shifted by +0.0240 (+17.32%).

2023 Avg (January) 0.1624

2022 Avg (January) 0.1384

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1647	0.1609	0.1624
February	0.1645	0.1623	0.1636
March	0.1637	0.1608	0.1625
April	0.1628	0.1587	0.1614
May	0.1613	0.1417	0.1554
June	0.1402	0.0994	0.1183
July	0.1002	0.0989	0.0995
August	0.1009	0.0996	0.1003
September	0.1007	0.0996	0.1002
October	0.1009	0.1000	0.1004
November	0.1007	0.0992	0.1002
December	0.1006	0.0999	0.1003